meta_pixel
Tapesearch Logo
Log in
Squawk Pod

Warren Buffett & Charlie Munger: Thinking Like An Oracle

Squawk Pod

CNBC

News, Business News, Business, Investing

4.2543 Ratings

🗓️ 9 July 2021

⏱️ 37 minutes

🧾️ Download transcript

Summary

In the final episode in Squawk Pod’s Berkshire Hathaway series, Warren Buffett and Charlie Munger share their combined 187 years of wisdom, both in life and in finance. The two consider history’s patterns, from fiscal stimulus to global pandemic, and offer perspective on today’s economic and social problems. Buffett and Munger discuss wealth’s impact on character, both for individuals getting rich, and America, growing ever more prosperous. Reflecting on their years together, Buffett, Munger, and Becky Quick discuss what it takes to make magic, and what living a successful life really means. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0

This is

0:03.8

Charlie's Mike and this is Warren's Mike Warren's Mike.

0:06.4

This is Squawk Pod. I'm C. M. Cady Kramer.

0:10.0

Today, the final episode of A Wealth of Wisdom, our four-part series with Warren Buffett.

0:16.2

Becky Quick sits down with the Oracle of Omaha after one heck of the year.

0:20.9

I learned that people don't know as much as they think they know but the

0:24.2

biggest thing you learn is that the pandemic was bound to occur and this isn't the

0:28.4

worst one that's imaginable at all. What Buffett and partner Charlie Munger learned in their, oh, about six or seven decades watching the economy.

0:37.0

One of the interesting things about the system, though, is you can't take all the art chip out whether it won't work.

0:44.0

Wealth, work, and staying humble, billionaire or not.

0:48.0

Wealth doesn't change people, makes them more solid,

0:51.0

if they're jerks to start with when they can be bigger jerks.

0:53.0

Outspoken and honest the 90 and 97 year old Berkshire best friends on stimulus, the pandemic,

0:59.4

and the wisdom of age.

1:01.0

I will confidently break the millennials are going to have a much harder time getting rich than

1:07.2

our generation did.

1:08.8

Plus only in this podcast Becky Quack on what she's learned from Warren Buffett.

1:13.0

It's not a complicated lesson.

1:15.0

You should surround yourself by people who inspire you and people you don't want to disappoint.

1:20.0

Because that's what it's all about, right?

1:22.6

Just making sure that we're all our best selves.

1:25.4

It's Friday, July 9, 2021.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.